Lai Sun Garment (International) (00191) said its net profit attributable to owners for the year ended 31 July 2014 dropped 43.5% year-on-year to HK$940 million.
Its basic and diluted earnings per share were HK53 cents and HK52.5 cents.
The turnover was HK$2,204.8 million, an increase of 110.2% from a year earlier.
Excluding the effect of property revaluations, net profit attributable to owners was about HK$164.9 million, as compared to the net loss of HK$40.3 million for the previous financial year, primarily due to the successful sale of the majority of units at Ocean One.
The proposed final dividend is HK1.1 cents (2013: nil) per share, with an option to receive the final dividend in new shares in lieu of cash, payable on or about 30 January 2015.
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